Chairman of the International Union of Railways (UIC) Regional Assembly for the Middle East Isa Apaydin said Iran's proposals for establishing joint ventures would be reviewed in the next meeting of the regional assembly of the UIC, reassuring that the international body backs the development of rail industry infrastructures in Iran.

"This proposal is a new idea which should be thoroughly assessed in the next UICrail Regional Assembly for Middle-East meeting which is to be held in May 2019 in Jordan," said İsa Apaydın.

The proposal referred to by Apaydın is what Managing Director of Iran's Railways Company Saeed Mohammadzadeh tabled on Monday at the UICrail Regional Assembly for Middle-East meeting in Isfahan. Mohammadzadeh invited the member states of the International Union of Railways (UIC) to set up a joint railway company.

Apaydın, who also acts as the Director General of the Turkish State Railways, said that, in Turkey and some other countries, the operation of the cargo trains has been bestowed to the private sector and as a result different aspects of Iran's proposition must be evaluated.

Referring to the expansion of rail network in Iran, he said that giant plans are followed in Iran and the UIC will support Iran in materializing these plans.

Touching upon Iran-Turkey cooperation in the rail industry, Apaydın added that Turkish State Railways made a lot of efforts to expand its rail cooperation with the countries of the region and as a result now the longest rail routes of the company is the ones linked with Iran.

He underlined that Iran and Turkey are the two poles of the rail industry in the region, and the two countries have had very close cooperation in this industry.

Adding that the cargos destined for Europe must travel through Iran, Apaydın highlighted that Iran is enjoying a distinct position on the path of goods transportation.

The current edition of the UICrail Regional Assembly for Middle-East meeting started on Monday in the central Iranian city of Isfahan and will be on for three days.

Iran, Turkey, Qatar, Saudi Arabia, Iraq, Syria, Jordan, Oman, and the UAE make up the Middle East Assembly of the union.

Iran has ramped up its efforts to develop and renew railway infrastructures in the country in the past couple of years, and numerous contracts and agreements have been signed with Russian and Chinese sides for this purpose.

Iran’s rail sector has become a magnet for rail engineering and rolling stock firms from all over the world.

Back in June, the CEO of Switzerland’s rail tracks maintenance machines manufacturer Matisa announced that the company will continue cooperation with Iran despite the threat of US sanctions after its withdrawal from the 2015 nuclear deal.

Matisa is the only western supplier of existing railway machines in Iran along with Austria's Plasser & Theurer.

Under the MoU, Matisa will cooperate on overhaul and retrofitting of ballast cleaners, tampers and regulators as well as sourcing of 21 track machines with Iran's RAI railway company.

RAI deputy head Maziar Yazdani said the initial value of the deal is 20 million euros, which will rise to 80 million euros later.

Vale’s Corrego do Feijao mine rupture at Minas Gerais in Brumadinho, Brazil, on 25 January this year has put DRI manufacturers in MENA (Middle-east and North Africa) region under stress because of the announcement of a mammoth 11 MnT pa production cut of high-grade pellets by the Brazilian mining behemoth.

Soon after received its first ever order from Indian Railways for supply of close to 1 lakh tonne in 2018, Jindal Steel & Power Ltd (JSPL) has been awarded an additional order for supply of 30,000 tonnes under the same global tender.

Iron ore concentrate production of major Iranian mining companies stood at 41,919,926 tonnes in the first eleven-month of current Iranian year (March 21,2018-February19,2019),up 19 percent year-on-year.

Me-Metals – In the seventh ceremony of the world prize of the Asian Superior Knowledge Organization and after the evaluation by the international experts of the MAKE world prize, Kashan Amir Kabir Steel Co. succeeded to join the country’s Superior Knowledge Organization and became one of the reputable brands in the world.

Me-Metals – Saad Abdi – Planning and Observation Manager of National Iranian Copper Industries Co. (NICICO) said: With maximum production, execution of developmental plans, localization and making use of the experiences of the predecessors at the four main axes of the copper company, we have been able to implement the production program of 1397 - the solar year - (equal to half of 2018 and half of 2019).

Iranian billet export offer continues to fall from last few weeks. Offers decreased by around USD 10/MT W-o-W to around USD 365-370/MT FoB. Last week, billet export offers of Iran were noted to be around USD 370-380/MT FoB.

Stahlwerk Thüringen GmbH, a company of Brazilian Grupo CSN, has awarded SMS group the order to supply a new CCS® (Compact Cartridge Stand) universal stand U1 for its section mill in Unterwellenborn, Germany.

Siam Yamato Steel Thailand, one of the most important steel producer in Far East, specialized in high quality finished long products, has chosen Danieli, and in particular Danieli Telerobotlabs as main partner in the migration process to robotics, taking a fundamental step towards Industry 4.0.

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